2A, JACKSON CLOSE, LANCASTER, LA1 5EY - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2A JACKSON CLOSE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £230,000 in June 2021, which was around 22% below the average June 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2A JACKSON CLOSE Sold Prices

Land registry data shows four sales for 2A JACKSON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 2A JACKSON CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 22 JUN	£230,000	£293,977	22% below HPI
2015 11 SEP	£179,950	£239,826	25% below HPI
2002 18 FEB	£80,750	£107,313	25% below HPI
1998 31 MAR	£48,000	£81,844	41% below HPI

2A JACKSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 2A JACKSON CLOSE sales between March 1998 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2A JACKSON CLOSE?

2A JACKSON CLOSE is 70m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 2A JACKSON CLOSE lies on this distribution: 4% of detached houses are smaller than 2A JACKSON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2A JACKSON CLOSE: Plot and Title Map

2A JACKSON CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2A JACKSON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2A JACKSON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2A JACKSON CLOSE?

2A JACKSON CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 2A on JACKSON CLOSE.